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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe American credit rating agency Moody's has raised the country's sovereign rating from Ba3 to Ba2. The country now has the second best credit in sub-Saharan Africa.
Moody's upgraded Côte d'Ivoire's rating on 1 March from Ba3 (positive outlook) to Ba2 with a stable outlook. The American credit rating agency said that “this increase reflects the economic resilience of Côte d'Ivoire, supported by increasing economic diversification, rising income levels and a robust economic outlook. Moody's expects this trend to continue until 2026, including through the implementation of the 2021-2025 National Development Plan (NDP)
.noted that this sovereign rating increase, which is rare enough in Africa to be noted, comes only a few weeks after the successful issuance of a new bond on the international debt market.
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